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LATEST

Equinor, Aker BP and Vår Energi launch multi-year hunt for Norway’s next big oil & gas discoveries●U.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more'●ECOWAS: West Africa remains Africa’s most stable region despite terrorism●US stock market today: Wall Street futures slip as tech rout, Iran tensions and bond yields weigh●Coinbase-backed crypto advocacy group endorses 32 US midterm candidates●Billionaire Ron Baron makes $24.9 billion bet on controversial giant●Shein is launching its long-awaited Hong Kong IPO at a fraction of its 2022 valuation●India lenders' dollar debt sales top $10 billion since RBI window, ICICI Bank beats peer to lead pack●Equinor, Aker BP and Vår Energi launch multi-year hunt for Norway’s next big oil & gas discoveries●U.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more'●ECOWAS: West Africa remains Africa’s most stable region despite terrorism●US stock market today: Wall Street futures slip as tech rout, Iran tensions and bond yields weigh●Coinbase-backed crypto advocacy group endorses 32 US midterm candidates●Billionaire Ron Baron makes $24.9 billion bet on controversial giant●Shein is launching its long-awaited Hong Kong IPO at a fraction of its 2022 valuation●India lenders' dollar debt sales top $10 billion since RBI window, ICICI Bank beats peer to lead pack●

Europe

Shein launches IPO at a sharply lower valuation — and Europe is central to its success

Business | Euronews RSS · 1h ago · 🇭🇰 Hong Kong

Shein launches IPO at a sharply lower valuation — and Europe is central to its success

Shein is seeking a valuation of up to approximately $27 billion (€23.1bn) in its September flotation on the Hong Kong Stock Exchange, far below its reported peak of $100 billion in 2022. Europe is a key market, but new customs rules and regulatory scrutiny threaten its low-cost model.

Read the full story at Business | Euronews RSS →

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